“The Offensive Electronic Countermeasures Market is likely to grow at a promising CAGR of 4.1%, in the long run, to reach US$ 0.6 Billion by 2028.”
Market Dynamics
Introduction
The offensive electronic countermeasures market is a segment of the defense industry that deals with the development, manufacture, and sale of systems and technologies designed to disrupt electronic communication and sensing equipment such as enemy missiles, drone radar, or surveillance systems used by hostile forces.
Market Drivers
The market for offensive electronic countermeasures is driven by the ongoing need for military forces to maintain a technological edge over potential adversaries.
As electronic devices have become increasingly integrated into military operations, the ability to disrupt or disable those devices has become an increasingly important part of modern warfare.
However, the market for this technology is highly competitive, and companies are constantly investing in research & development to create more advanced and effective systems. As a result, the market for these technologies is expected to continue to grow in the coming years. In addition to traditional military applications, offensive electronic countermeasures are also increasingly being used by law enforcement agencies and other security organizations to combat threats such as terrorism.
COVID-19 Impact
In 2020, the pandemic slowed down the manufacturing and supply of offensive electronic countermeasure systems. Additionally, several countries' defense expenditures were cut as a result of the pandemic, which had a detrimental effect on the demand for offensive countermeasure systems.
Segments Analysis
|
Segmentations
|
List of Sub-Segments
|
Dominant and Fastest-Growing Segments
|
|
Platform Type
|
Air, Land, and Naval
|
Air is anticipated to remain the biggest platform type for offensive electronic countermeasures systems in the years to come.
|
|
Frequency Type
|
EO-IR Countermeasures and RF Countermeasures
|
EO-IR countermeasures are expected to be the dominant as well as a faster-growing segment during the forecast period.
|
|
Regional Analysis
|
North America, Europe, Asia-Pacific, and The Rest of the World
|
North America is expected to remain the largest market over the next five years, whereas Asia-Pacific is likely to grow at the fastest rate.
|
Platform Type
“Air segment dominates the market during the forecast period.”
The offensive electronic countermeasures market is segmented into air, land, and naval. Air is expected to remain the largest platform type in the market for offensive electronic countermeasures during the forecast period, owing to increasing threats to aircraft, military modernization programs, technological advancements, and an increase in air warfare activities.
Overall, the market for air platform-based electronic countermeasures is expected to continue to grow in the coming years, driven by increasing demand for offensive electronic countermeasure solutions to protect military aircraft from a range of threats.
Frequency Type
“EO-IR countermeasures dominate the market during the forecast period.”
The market is segmented into EO-IR countermeasures and RF countermeasures. EO-IR countermeasures are expected to remain dominant as well as the fastest-growing frequency type in the market during the forecast period. The EO-IR frequency type is driven by the increasing use of EO-IR systems in military/defense applications, as well as the need for advanced countermeasures to mitigate the risks of enemy attacks.
Furthermore, the transition of adversaries from RF frequency to more precise EO-IR frequency has been a major factor in the higher growth of EO-IR countermeasures.
Regional Analysis
“North America is expected to remain the largest market for offensive electronic countermeasures during the forecast period.”
The United States is one of the leading countries with the highest defense spending in the world, with more than 40% of the global defense spending. The country has been the largest procurer of offensive electronic countermeasures in the world. Raytheon and Northrop Grumman are developing offensive electronic countermeasure technologies for defense applications in the region.
Other regions, such as Europe and Asia, also have a significant presence in the offensive electronic countermeasures, with companies like BAE Systems and Thales in Europe and Bharat Electronics Limited and Israel Aerospace Industries in Asia.
Key Players
The market is highly concentrated, with the presence of a very small number of players. Most of the major players compete in some of the governing factors, including technology, product offerings, regional presence, etc.
The following are the key players in the offensive electronic countermeasures market (arranged alphabetically).
- BAE Systems PLC
- Bharat Electronics Limited
- Israel Aerospace Industries
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- Thales S.A.
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
|
Key questions this report answers
|
Relevant contents in the report
|
|
How big is the sales opportunity?
|
In-depth analysis of the Offensive Electronic Countermeasures Market
|
|
How lucrative is the future?
|
The market forecast and trend data and emerging trends
|
|
Which regions offer the best sales opportunities?
|
Global, regional, and country-level historical data and forecasts
|
|
Which are the most attractive market segments?
|
Market Segment Analysis and Forecast
|
|
Who are the top players and their market positioning?
|
Competitive landscape analysis, Market share analysis
|
|
How complex is the business environment?
|
Porter’s five forces analysis, PEST analysis, Life cycle analysis
|
|
What are the factors affecting the market?
|
Drivers & challenges
|
|
Will I get the information on my specific requirements?
|
10% free customization
|
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s offensive electronic countermeasures market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process. This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Option
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
